According to congressional aides, House Republicans will try to quickly vote on a bill to supplement an important coronavirus small business assistance program.
Republican lawmakers will announce a two-part proposal on Wednesday that aims to restart the salary protection program. Steve Chabot of Ohio and Jaime Herrera Beutler of Washington plan to introduce proposals to reopen the unused $138 billion application for the small business loan program , And the so-called debt discharge application to force a vote on the bill.
According to the regulations, if the company has fewer than 300 employees and its income has dropped by 25%, it can apply for a second loan. The Republicans are expected to start collecting signatures on the petition next Friday, and it will take 21
House Speaker Nancy Pelosi (Daniel D. Calif.) has repeatedly stated that the Chamber of Commerce will only adopt a comprehensive coronavirus mitigation plan. Democratic leaders had previously rejected efforts to renew independent relief policies such as unemployment benefits because they pushed for legislation that would cost at least $2.2 trillion.
The Republican strategy highlights the growing agitation among members of the two major parties to approve more pandemic aid before the 2020 election. In November, weak Republican senators have pushed for more relief measures, and House Democrats who are reportedly competing are becoming increasingly impatient with Pelosi’s strategy.
The coronavirus stimulus negotiations between the Trump administration and Democratic leaders actually broke down last month, and little progress has been made since. However, President Donald Trump urged Republicans to support a more ambitious stimulus plan on Wednesday. White House Chief of Staff Mark Meadows also said that he has become increasingly optimistic about this transaction in recent days.
On Tuesday, the bipartisan “House of Representatives Problem Resolution Group” proposed a $1.5 trillion plan, which Democratic leaders opposed.
Last week, Senate Democrats blocked a $500 billion Republican rescue plan, which Democrats said was not enough to solve the economic and medical crisis.
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